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SLD
Premium
join:2002-04-17
San Francisco, CA

1 edit

Banks?

Man, they really do rule the world!

zed260
Premium
join:2007-09-30
Cleveland, TN
kudos:1

dont talk bad to our bank overlords im warning you lol

but seruiesly banks are the most powerfull companys on earth


iansltx

join:2007-02-19
Golden, CO
kudos:2

I dunno, these telecom companies...


zed260
Premium
join:2007-09-30
Cleveland, TN
kudos:1

banks controll money give me controll of all the banks and i can make the whole economy crash


amigo_boy

join:2005-07-22
Reviews:
·magicjack.com

reply to SLD

said by SLD:

Man, they really do rule the world!
I don't know where DSLR is getting "banks" from. The FTC document says:

said by 16 CFR Part 310 :

The Commission also has decided to adopt two exemptions from the requirements of the prerecorded call amendment that commenters strongly advocated. First, all healthcare-related calls subject to the Health Insurance Portability and Accountability Act of 1996 (‘‘HIPAA’’)4 will be exempt from all of the requirements of the amendment. Second, charitable fundraising calls made by for-profit telemarketers to members of, or previous donors to, a non-profit charitable organization on whose behalf the calls are placed will be exempt from the requirement to obtain prior consent, ...
The word "bank" doesn't even appear in the document.

Mark


cdru
Go Colts
Premium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
Reviews:
·Frontier FiOS

Click on the first link on the summary. Skip to the fifth paragraph that reads:

quote:
In addition, calls not covered by the TSR – including those from politicians, banks, telephone carriers, and most charitable organizations – are not covered by the new prohibition. The new prohibition on prerecorded messages does not apply to certain healthcare messages. The new rule prohibits telemarketing robocalls to consumers whether or not they previously have done business with the seller.
Emphasis added.

Banks are already exempted from the TSR so an additional explicit exemption from robocalls would be redundant.


NOVA_Guy
ObamaCare Kills Americans
Premium
join:2002-03-05

reply to zed260
You don't need control of the banks for that. Just control over government spending and the passage of a health care plan that will suck up 20% of our national expenditures.



Steve
I know your IP address
Consultant
join:2001-03-10
Yorba Linda, CA
kudos:5

reply to cdru

said by cdru:

Click on the first link on the summary
The summary is not the regulation; the regulation is the regulation.

The terms "financial institution" and "bank" do not appear in the regulation.

chimera

join:2009-06-09
Washington, DC
Reviews:
·Comcast

reply to NOVA_Guy
So, it will increase the percent of the GDP it's sucking up by health care by 2% of our 2008 level which would actually result in an overall decrease in net expenditure, and result in a smaller percentage of the GDP being eaten by health care within a few years? Sign me up.


K Patterson
Premium,MVM
join:2006-03-12
Columbus, OH
kudos:1

reply to Steve
That's because the FTC does not have any authority over the conduct of banks, ergo, cannot regulate their use of robocalling.



cdru
Go Colts
Premium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
Reviews:
·Frontier FiOS

reply to Steve

said by Steve:

The terms "financial institution" and "bank" do not appear in the regulation.
Your right. It doesn't appear in the regulation because the FTC doesn't have the authority to regulate banks, insurance companies, political pollsters, etc to begin with.

Karl's summary just points out that banks are among a group of callers that aren't covered under the rules that go into affect 9/1. amigo_boy See Profile said he didn't know where Karl was getting banks from. I supplied a link, the same link that Karl gave in the summary, that explicitly mentions banks as being excluded, plus additional information that banks were exempt from TSR already. What more do you want?


Steve
I know your IP address
Consultant
join:2001-03-10
Yorba Linda, CA
kudos:5

1 edit

said by cdru:

What more do you want?
Your "The FTC doesn't have the authority to regulate banks" is a lot more useful than saying "Banks aren't covered - take my word for it".

Thank you.


Ray422
Premium,MVM
join:2002-03-04
Lost
kudos:11
Reviews:
·RoadRunner Cable

reply to zed260

said by zed260:

banks controll money give me controll of all the banks and i can make the whole economy crash
They already did that, let's wait for something else, like...
uh, I dunno...maybe socialism, Naaa we already did that too.

Hey, I know...let's try a dictatorship. We already have the czars in place
--
Things I like - Team Discovery - Quads©3.3 to 4.0ghz - Strawberry Ice cream



RET_20YR_VET

@xmission.com

reply to chimera
I already have US gov medical, and you do not want it if you can get anything else at all. Can you say Veteran's Admin?

said by chimera:

So, it will increase the percent of the GDP it's sucking up by health care by 2% of our 2008 level which would actually result in an overall decrease in net expenditure, and result in a smaller percentage of the GDP being eaten by health care within a few years? Sign me up.

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